Question: Moving to another question will save this response. Question 24 of 25 estion 24 2 points General Importers announced that it will pay a dividend

Moving to another question will save this response. Question 24 of 25 estion 24 2 points General Importers announced that it will pay a dividend of $1.00 per share one year from today. After that, the company expects a slowdown in its business and will not pay a dividend for next 6 years. Then, 8 years from today, the company will begin paying an annual dividend of $1.00 forever. The required returm is 9.00 percent. What is the price of the stock today? Question 24 a nse. Question 24 of 25 2 points end of $1.00 per share one year from today. After that, the company expects a slowdown in its business and will not pay a dividend for the y will begin paying an annual dividend of $1.00 forever. The required return is 9.00 percent. What is the price of the stock today? Question 24 of 25 onse. Deck Pro

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